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$MU $MUUSDT (1h) - Short Rejection
Bias: Short
Entry (Zone): 992.0 - 996.0
Targets:
TP1: 980.5
TP2: 968.8
TP3: 953.5
Stop Loss: 1004.8
Why this Setup:
I’m looking for a short rejection after the sharp move into the 990s, since price is pressing into resistance after a strong intraday rebound. I want a failed push above the recent highs and a move back toward the mid-range support levels, with momentum cooling and room for a pullback if buyers lose control.